Originally Posted by
sailingfun
Keep in mind that banking hours to cash in at a higher rate later does not work out like most think. You are banking hours not pay. If you work one hour now and bank it the rate is the same as if you work that hour next year. Either way you work one hour. Banking hours is best used if you want to build a big block of time off at a later date.
This is not true. As you say, you bank hours and not pay. If you bank an hour as an FO, you lose one hour of pay that month at your FO pay rate. If you later withdraw that hour as a Captain, you add one hour of pay that month at your Captain pay rate.